Question: In a particular year, Aggie Mutual Fund earned a return of 15% by making the following investments in the following asset classes: Return Bonds Stocks

In a particular year, Aggie Mutual Fund earned a return of 15% by making the following investments in the following asset classes: Return Bonds Stocks Weight 103 90% 16% The return on a bogey portfolio was 10%, calculated as follows: Return Bonds (Lehman Brothers Index) Stocks (S&P 500 Index) Weight 50$ 50% 53 15$ The contribution of security selection within markets to the total excess return was A. 1%. B. 3%. C. 4%. D. 5%
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